Tech and data
Spreads need to widen to boost liquidity
Panellists at the 14th annual FX Week Europe conference warn of increasingly illiquid markets
R3 adds five more banks to blockchain project
The number of participating banks rises to 30 since its September launch and R3 names the first team members
Best Banks Awards: Citi wins nine awards, including top prize
Citi voted Best Bank Overall and gains eight other accolades
Best Risk Management/Options Pricing Vendor: Fenics
BGC CEO outlines commitment to the recently acquired firm
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
Lagarde supports RMB inclusion in SDR basket
IMF managing director endorses the renminbi's inclusion in the special drawing rights basket after a staff report deems it 'freely usable'; executive board decision expected on November 30
NY bank regulators outline cyber-security plans
High-profile hacking at financial institutions and tough action from lawmakers have provided a boost to a new cyber-security proposal that aims to bolster banks' defences against internet gangsters
Non-bank market-makers look to build customer franchises
Alternative market-makers aim to fill liquidity space left by reduced bank capital and move to connect with customers directly
Sell side's appetite for intelligence tools increases
As compliance inches to the fore, more large banks are reaching out to providers of cognitive learning tools
Three more join R3 blockchain initiative
The latest additions bring the total number of banks participating in the project, led by financial innovation company R3, to 25
Blockchain platform processes one billion daily transactions
UK start-up Setl hits a milestone as the financial industry seeks to gain from distributed ledger technology
Blockchain partnership attracts another 13 banks
Initiative led by financial innovation company R3 seeks to bring distributed ledger technology to financial markets
EBS BrokerTec draws fire for unbundling and hiking fees
Banks object to the decision by Icap’s EBS BrokerTec electronic FX and fixed-income platform to unbundle its EBS Live data feed and EBS Ticker Service data licence product from October 1, while introducing an inflation-related 3% rise for the latter
Banks unite to explore blockchain
Nine global banks commit to researching shared and distributed ledger technology, led by financial innovation firm R3
X Markets Trading will be synonymous with quality, says CEO
The flow-handling and technology company comes up with solutions to meet the risk-warehousing and technology needs of banks
Banks open labs worldwide to embrace blockchain
Some of the world's largest banks are experimenting with applications for the technology
Blockchain gets Wall Street's creative juices flowing
A report estimates that banks could save up to $20 billion in costs by 2022 using blockchain
CSC to acquire Fixnetix
A final deal between the two firms is expected in Q3 2015
Market surveillance: the devil is in the detail
Nigel Farmer of Software AG describes the main considerations required for effective market surveillance
Best algorithmic trading technology provider: Morgan Stanley
US bank's QSI unit triumphs in heavily contested space with focus on analytics
Capital outflows prompt drop in China's reserves
Holdings fall $110 billion in Q1 as domestic investors look abroad and the PBoC defends the exchange rate; analysts say ECB quantitative easing is probably the real villain
Last look is not dead, says 360T's Kölzer
The Frankfurt-based platform is the latest to weigh in on the last-look debate ahead of the FEMR report, due on June 10
Exchange launches asset-backed coins for asset managers
ABCs will be tradeable on the newly launched Abacas exchange
FXall last-look function under client review
The Thomson Reuters-owned platform seeks feedback from customers on its newly proposed last-look criteria